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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Operating Income by Segment | The following financial information is a summary of the operating income of each operational segment:
|  | Year ended December 31, 2019 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-company sales |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of products and services |  | $ | 20,552 |  |  | $ | 34,183 |  |  | $ | 38,687 |  |  | $ | 8,610 |  |  | $ | - |  |  | $ | 102,032 |
Intersegment revenues |  |  | 6,037 |  |  |  | 250 |  |  |  | - |  |  |  | - |  |  |  | (6,287 | ) |  |  | - |
Total revenues |  |  | 26,589 |  |  |  | 34,433 |  |  |  | 38,687 |  |  |  | 8,610 |  |  |  | (6,287 | ) |  |  | 102,032 |
Cost of revenues |  |  | 23,998 |  |  |  | 27,852 |  |  |  | 33,337 |  |  |  | 7,751 |  |  |  | (6,468 | ) |  |  | 86,470 |
Gross profit |  |  | 2,591 |  |  |  | 6,581 |  |  |  | 5,350 |  |  |  | 859 |  |  |  | 181 |  |  |  | 15,562 |
Research and development |  |  | 58 |  |  |  | 83 |  |  |  | 7 |  |  |  | (74 | ) |  |  | - |  |  |  | 74 |
Selling and marketing |  |  | 1,530 |  |  |  | 1,638 |  |  |  | 1,334 |  |  |  | 757 |  |  |  | - |  |  |  | 5,259 |
General and administrative |  |  | 1,978 |  |  |  | 2,734 |  |  |  | 2,408 |  |  |  | 1,131 |  |  |  | - |  |  |  | 8,251 |
Operating income (loss) |  | $ | (975 | ) |  | $ | 2,126 |  |  | $ | 1,601 |  |  | $ | (955 | ) |  | $ | 181 |  |  | $ | 1,978 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 451 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,527 |
|  | Year ended December 31, 2018 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-company sales |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of products and services |  | $ | 20,065 |  |  | $ | 30,929 |  |  | $ | 32,487 |  |  | $ | 9,697 |  |  | $ | - |  |  | $ | 93,178 |
Intersegment revenues |  |  | 4,642 |  |  |  | 415 |  |  |  | - |  |  |  | - |  |  |  | (5,057 | ) |  |  | - |
Total revenues |  |  | 24,707 |  |  |  | 31,344 |  |  |  | 32,487 |  |  |  | 9,697 |  |  |  | (5,057 | ) |  |  | 93,178 |
Cost of revenues |  |  | 25,612 |  |  |  | 27,659 |  |  |  | 28,561 |  |  |  | 8,298 |  |  |  | (5,343 | ) |  |  | 84,787 |
Gross profit (loss) |  |  | (905 | ) |  |  | 3,685 |  |  |  | 3,926 |  |  |  | 1,399 |  |  |  | 286 |  |  |  | 8,391 |
Research and development |  |  | 287 |  |  |  | 98 |  |  |  | - |  |  |  | 168 |  |  |  | - |  |  |  | 553 |
Selling and marketing |  |  | 1,512 |  |  |  | 1,660 |  |  |  | 1,324 |  |  |  | 417 |  |  |  | - |  |  |  | 4,913 |
General and administrative |  |  | 2,384 |  |  |  | 2,375 |  |  |  | 2,631 |  |  |  | 1,169 |  |  |  | - |  |  |  | 8,559 |
Other income |  |  | (2 | ) |  |  | - |  |  |  | (2 | ) |  |  | - |  |  |  | - |  |  |  | (4 | )
Operating income (loss) |  | $ | (5,086 | ) |  | $ | (448 | ) |  | $ | (27 | ) |  | $ | (355 | ) |  | $ | 286 |  |  | $ | (5,630 | )
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 102 |
Loss before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (5,732 | )
|  | Year ended December 31, 2017 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Elimination of inter-company sales |  |  | Consolidated |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of products and services |  | $ | 27,898 |  |  | $ | 34,615 |  |  | $ | 33,009 |  |  | $ | 11,005 |  |  | $ | - |  |  | $ | 106,527 |
Intersegment revenues |  |  | 3,339 |  |  |  | 197 |  |  |  | - |  |  |  | - |  |  |  | (3,536 | ) |  |  | - |
Total revenues |  |  | 31,237 |  |  |  | 34,812 |  |  |  | 33,009 |  |  |  | 11,005 |  |  |  | (3,536 | ) |  |  | 106,527 |
Cost of revenues |  |  | 25,535 |  |  |  | 26,085 |  |  |  | 29,026 |  |  |  | 9,057 |  |  |  | (3,620 | ) |  |  | 86,083 |
Gross profit |  |  | 5,702 |  |  |  | 8,727 |  |  |  | 3,983 |  |  |  | 1,948 |  |  |  | 84 |  |  |  | 20,444 |
Research and development |  |  | 398 |  |  |  | 169 |  |  |  | - |  |  |  | 164 |  |  |  | - |  |  |  | 731 |
Selling and marketing |  |  | 1,968 |  |  |  | 1,358 |  |  |  | 1,213 |  |  |  | 435 |  |  |  | - |  |  |  | 4,974 |
General and administrative |  |  | 2,072 |  |  |  | 3,182 |  |  |  | 3,049 |  |  |  | 1,106 |  |  |  | - |  |  |  | 9,409 |
Other expenses |  |  | - |  |  |  | - |  |  |  | 53 |  |  |  | - |  |  |  | - |  |  |  | 53 |
Operating income (loss) |  | $ | 1,264 |  |  | $ | 4,018 |  |  | $ | (332 | ) |  | $ | 243 |  |  | $ | 84 |  |  | $ | 5,277 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 338 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,939
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment |
|  | The following financial information identifies the assets, depreciation and amortization, and capital expenditures to segments:
|  | Year ended December 31, 2019 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 29,149 |  |  |  | 31,031 |  |  |  | 34,264 |  |  |  | 10,194 |  |  |  | 10,037 |  |  |  | 114,675 |
Depreciation and amortization |  |  | 1,601 |  |  |  | 1,031 |  |  |  | 786 |  |  |  | 954 |  |  |  | - |  |  |  | 4,372 |
Expenditure for segment assets |  |  | 1,600 |  |  |  | 1,180 |  |  |  | 803 |  |  |  | 239 |  |  |  | - |  |  |  | 3,822 |
|  | Year ended December 31, 2018 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 26,171 |  |  |  | 33,794 |  |  |  | 27,687 |  |  |  | 11,100 |  |  |  | 4,535 |  |  |  | 103,287 |
Depreciation and amortization |  |  | 1,476 |  |  |  | 1,044 |  |  |  | 705 |  |  |  | 960 |  |  |  | - |  |  |  | 4,185 |
Expenditure for segment assets |  |  | 2,665 |  |  |  | 588 |  |  |  | 764 |  |  |  | 144 |  |  |  | - |  |  |  | 4,161 |
|  | Year ended December 31, 2017 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 29,411 |  |  |  | 35,067 |  |  |  | 27,276 |  |  |  | 11,915 |  |  |  | 8,326 |  |  |  | 111,995 |
Depreciation and amortization |  |  | 1,299 |  |  |  | 1,029 |  |  |  | 653 |  |  |  | 960 |  |  |  | - |  |  |  | 3,941 |
Expenditure for segment assets |  |  | 1,769 |  |  |  | 866 |  |  |  | 847 |  |  |  | 402 |  |  |  | - |  |  |  | 3,884

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